The Dollar Business

The Dollar Business is currently the fastest growing and the only integrated platform on foreign trade in India. The Dollar Business platform offers everything that exporters and importers would have ever wished to see at one place - from news which is of total importance to Indian exporters and importers to a magazine that features exim product ideas worth millions of dollars every month, from India's most exclusive B2B Trade platform that assures a business an unbeatable edge of attention from trusted and verified buyers-seller from around the world to a Forum that gives exporters and importers an opportunity to raise their voices against issues affecting their business or the industry as a whole and make their voice heard in the power corridors and, of course, drive solutions. And the list doesn't end here. Access to highly important daily export-import shipment records from/to various Indian ports, unique daily dose of news on foreign trade hitting your email inbox, and an opportunity to interact with an expert panel to clarify all your doubts with respect to foreign trade are some of the several features that The Dollar Business offers its users and subscribers. In short, The Dollar Business is for those who are interested in making fortunes from the world of foreign trade.

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Kerala eyes sharp rise in tourists this year, Kerala Tourism Officer

With Kerala shifting its focus on tourism intensively with a new and wide assortment of tourism packages, the state is expecting a s

With Kerala shifting its focus on tourism intensively with a new and wide assortment of tourism packages, the state is expecting a sharp rise in international and domestic tourist arrivals at 11% and 9% this year, up from 6.25% and 5.67% in 2016, an official from the state government said on Tuesday.

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Foreign firms evince interest to set up business units in Punjab

Companies from various countries including China, Russia and the UAE, have shown interest for establishing businesses in Punjab, a s

Companies from various countries including China, Russia and the UAE, have shown interest for establishing businesses in Punjab, a spokesman of the state government said, after meeting various company officials.

The foreign companies have evinced interest in diverse fields such as metro railway and defence, the spokesman said.

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'Writing off some debt of Air India, could be a wise move', Panagriya

Niti Aayog’s outgoing Vice Chairman Arvind Panagariya has said ‘writing off some debt of Air India, so as to make it att

Niti Aayog’s outgoing Vice Chairman Arvind Panagariya has said ‘writing off some debt of Air India, so as to make it attractive to prospective investors, could be a "wise" move.’

Niti Aayog had suggested to the government to privatise the public carrier and a committee was set up under Finance Minister Arun Jaitley to carry forward the process.

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Improvement in aviation infra would offer better opportunities: Luftha

Improvement in infrastructure in the aviation sector in India would offer better opportunities for business to cargo airlines, an of

Improvement in infrastructure in the aviation sector in India would offer better opportunities for business to cargo airlines, an official of Lufthansa Cargo on Tuesday told the Indian media.

Lufthansa Cargo CEO and Chairman of Executive Board Peter Gerber termed the Indian aviation market as ‘interesting’ and said that growth was returning in the market.

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Direct Port Delivery: To whose advantage?

The Government is working to improve the ‘ease of doing business’ ranking of the country, and one of the areas of focus is the time it

The Government is working to improve the ‘ease of doing business’ ranking of the country, and one of the areas of focus is the time it takes for manufacturers to get their imported raw materials and components, out of the port and into their factories. The numbers are not very encouraging, and it currently takes about 9-10 days to get a container out of the port and on its way to the manufacturer. With a view to improving this, the Direct Port Delivery arrangement was started in 2016. How is it faring? Please read on in this week’s update.

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Bauxite production in India is likely to increase to 49.4 million tonnes by 2021 from 22.08 million tonnes in 2016, according to a r

Bauxite production in India is likely to increase to 49.4 million tonnes by 2021 from 22.08 million tonnes in 2016, according to a report.  

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India and Bangladesh in talks for a gas pipeline from Chittagong to Tr

The Minister of Petroleum and Natural gas Dharmendra Pradhan said that his Ministry has taken up with the Government of Bangladesh f

The Minister of Petroleum and Natural gas Dharmendra Pradhan said that his Ministry has taken up with the Government of Bangladesh for laying a pipeline carrying natural gas from Chittagong to Tripura to address the cooking gas shortage of the North East.

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Kharif foodgrain production to surpass last year numbers: Agri Secreta

Agriculture Secretary Shobhana K Pattanayak said on Saturday that the foodgrain production in the ongoing kharif season 2017-18 is e

Agriculture Secretary Shobhana K Pattanayak said on Saturday that the foodgrain production in the ongoing kharif season 2017-18 is expected to exceed last year's record output of 138.04 million tonnes on account of higher sowing area and good monsoon. Till now, more than 80% of the sowing of kharif crops such as pulses, paddy, cotton, oilseeds, jute and sugarcane, has been completed and the sowing will continue in some regions until next month, he told PTI.

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Reliance Defence signs an MoU with France’s Daher Aerospace

Reliance Infrastructure Ltd said on Thursday that its wholly-owned subsidiary Reliance Defence has signed a pact wit

Reliance Infrastructure Ltd said on Thursday that its wholly-owned subsidiary Reliance Defence has signed a pact with French industrial conglomerate - Daher for manufacturing aerospace equipment.

“This offers a great opportunity for both the companies to work together for aerospace composites parts manufacturer. There is an increasing demand in aerospace sector for the composite components,” said Reliance Infrastructure in a filing with BSE.

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US announces immediate suspension of beef imports from Brazil

The US announced on Thursday the suspension of all beef product imports with immediate effect, from Brazil- the largest beef p

The decision was taken three months after a big scandal into the allegations of bribing meat inspectors hit the meat industry in Brazil and prompted various nations to halt imports temporarily.

Since March this year, US inspectors have declined entry to 11% of fresh beef products from Brazil, around 1.9 million pounds, said US Agriculture Secretary Sonny Perdue in a statement to the media.

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Ban on imports of Chinese milk and milk products extended by a year

India had imposed a ban on milk and milk products being imported from China starting in 2008 and since then has been extending

It was found that the milk products (including chocolates and chocolate products and candies/confectionary/food preparations with milk or milk solids as an ingredient), including milk imported from China, contained toxic products that are used for making plastics and fertilisers.

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NASSCOM lowers IT export growth estimates to 7-8% in 2017-18

India’s IT software exports are expected to grow at 7-8% during the current financial year 2017-18, which is l

The Indian IT services sector has been coping with a slowdown in the business of banking and financial services, which contributes a major part to the revenues. It has also been impacted by its retail customers facing a sluggish growth from the upsurge of online retail channels.

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Exports grow 8.32%, imports by 33% in May; trade deficit widens

India’s exports grew by 8.32% to $24 billion in May, registering an upward growth in the last eight months. However, the

India’s exports grew by 8.32% to $24 billion in May, registering an upward growth in the last eight months. However, the trade deficit also surged to $13.84 billion a 30-month high, majorly on account of higher gold imports.

The exports growth during the month is mainly propelled by strong performance from marine products (44.58%), rice (27.08%), petroleum products (24.92%), organic & inorganic chemicals (15.34%), electronic goods (8.57%), engineering goods (8.25%), RMG of all textiles (8.06%) and gems & jewellery (6%).

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India, Latin America hold a business conclave to boost trade

India and Latin America organised a business networking seminar on Thursday in Mumbai in order to boost trade and investment b

The International Conclave on India-Latin America & Caribbean Partnership: Opportunities to Promote Trade and Investment was jointly organised by the Group of Latin America and Caribbean countries (GRULAC) in India, the All India Association of Industries (AIAI) and World Trade Centre Mumbai.

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Continuous exports growth gives confidence to exporters on easy sailin

Federation of Indian Export Organisation (FIEO) on Friday said that the continuous growth in exports gives confidence to the e

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Reduction in insurance cost for exporters, ECGC

In a much-needed relief to the exporters, the Export Credit Guarantee Corporation (ECGC) in its 60th year of operation has taken a c

Under the Export Credit Insurance Covers issued to Banks (ECIB), the export advance outstanding of the banks and covered by ECGC as on March 31, 2017 stood at over Rs.1,17,000 crore covering over 23,500 exporter accounts. All the Government owned banks and 14 private sector banks are under the cover of ECGC.  The overall business which includes the covers issued to the exporters, banks and MLT sector, covered during FY 2016-17 stood at over Rs.2,65,000 crore.